Comprehensive CFD Trading Hub
Vantage, a regulated CFD broker based in Sydney, stands out with its low $50 deposit, $0 commission on selected products, and fast account setup. Licensed and authorised by Australian Authorities, it offers an extensive array of CFDs on diverse assets, distinguishing itself with competitive costs and robust educational support.
Vantage is a successful award-winning broker, receiving multiple accolades from renowned performance-based award organisations. It prides itself on striving for excellence while providing the best trading experience to all its valued clients.
It has been awarded the ‘Best CFD Broker – Global’ for 2024, and the ‘Best Multi-Asset Broker’ on a global level by the Global Business and Finance Magazine. The International Business Magazine has declared Vantage as the ‘Best CFD Trading Platform – Global’.
Expert Reviewer Verdict
Vantage merits consideration for its compelling blend of accessibility and value. With a modest minimum deposit of $50 and the allure of $0 commission trades on gold and share CFDs, it caters especially to fee-conscious traders and beginners. Its offerings include a proprietary platform alongside popular options like MT4/MT5 and TradingView, ensuring a robust, user-friendly trading experience.
However, the exclusive focus on CFDs may limit those interested in direct asset ownership. For traders prioritising CFD trading, Vantage’s combination of low costs, rapid account setup, and extensive educational resources positions it as a particularly attractive option within the competitive online brokerage landscape.
Pros and Cons
Pros
- $0 Commission on Gold, Shares CFDs
- Low Minimum Deposit: $50
- Account Setup Under 5 Minutes
- Free Educational Webinars
- Tight Spreads Across Products
Cons
- Only FX and CFDs Trading Available
- No Direct Asset Ownership
- Fees on Overnight Funding
- External Bank Fees Apply
- No Guaranteed Stop Loss Orders
Trust and Safety
Account Funding
Vantage instils confidence in its users through stringent regulatory adherence and robust security measures. It operates under the supervision of ASIC, ensuring compliance with high financial standards and operational integrity. To combat fraud, Vantage employs a comprehensive anti-money laundering and counter-terrorism (AML/CTF) framework, including Know Your Customer (KYC) protocols, enhanced due diligence (ECDD), and transaction monitoring.
Client fund security is paramount at Vantage. The broker enhances trust by segregating client funds from company assets, holding them in trust accounts that are reconciled daily. These measures protect client investments even in the unlikely event of the company’s insolvency. Additional security layers include regular employee training, software updates, SSL certificates, and a comprehensive backup and disaster recovery plan. Two-factor authentication further secures user accounts against unauthorised access, ensuring a secure trading environment for all clients.
|
Regulatory Body |
Status |
|
ASIC |
Yes |
|
CySEC |
No |
|
DFSA |
No |
|
EFSA |
No |
|
FCA |
No |
|
FMA |
No |
|
FSA (SC) |
No |
|
FSCA |
No |
|
FSC |
No |
|
JFSA |
No |
|
MAS |
No |
|
MiFID |
No |
Tradable Instruments
Diverse CFD Instruments Available
Vantage offers an expansive range of tradable instruments through Contracts for Difference (CFDs), catering to diverse trading preferences. Traders can engage in CFD trading across various markets including Forex, Indices, Shares, Cryptocurrencies, Metals, Commodities, Energy, ETFs, and Bonds. This comprehensive selection ensures that Vantage’s clients can diversify their investment portfolios and take advantage of multiple market opportunities from a single platform.
Specifically, the broker’s platform includes CFDs trading in commodities like oil and gold, a variety of major and minor forex pairs, and indices from global markets. Additionally, traders can explore opportunities in the evolving cryptocurrency markets, as well as more stable options like government bonds and popular ETFs. This range of CFDs makes Vantage an appealing choice for traders looking for a broad spectrum of trading options without directly owning the underlying assets.
|
Trading CFDs |
Available |
|
COMMODITIES |
Yes |
|
CURRENCIES |
Yes |
|
CRYPTOCURRENCIES |
Yes |
|
ETF |
Yes |
|
FUTURES |
No |
|
INDICES |
Yes |
|
STOCKS |
Yes |
|
BONDS |
Yes |
|
OPTIONS |
No |
Account Types
Multiple–Account Types for Traders
Vantage provides two distinct account types built to meet the diverse needs of its clientele: the Standard ,RAW Classic, RAW premium, and Perpetual. The Standard account is designed for traders who prefer simplicity and convenience, offering tight spreads and no commission on trades, making it particularly suitable for beginners and those looking to trade without additional cost concerns. This account allows traders to engage with a wide range of instruments without worrying about the extra transaction costs of each trade.
On the other hand, the RAW account is crafted for more traders looking for competitive edges, such as razor-sharp spreads and ultra-low commissions. It charges from $1 commission per lot per side, providing access to deep liquidity and potentially better pricing, which is critical for high-volume traders. This account type is ideal for those who trade frequently and are looking for more control over their trading costs and execution speeds.
Both accounts come with the option of a demo account, suitable for both beginners and professionals, allowing them to practice trading strategies without risking real funds. This flexibility ensures that Vantage caters to all levels of trading expertise.
The RAW Premium account is ideal for high-volume traders seeking tight spreads and some of the lowest commissions. It offers a rate of just $1 per standard FX lot per side, a significant upgrade from the RAW Classic account
The Perpetual account is designed for frequent cryptocurrency traders, providing ultra-low spreads from 0.1 pips, competitive funding rate and commissions as low as 0.025% per side.
|
Account Type |
Available |
|
DEMO ACCOUNT |
Yes |
|
ISLAMIC ACCOUNT |
No |
|
SEGREGATED ACCOUNT |
Yes |
|
MANAGED ACCOUNT |
No |
|
SUITABLE FOR BEGINNERS |
Yes |
|
SUITABLE FOR PROFESSIONALS |
Yes |
|
US TRADER |
No |
Commission and Fees
Competitive Cost Structure
Vantage offers a competitive and ultra-competitive fee structure designed to accommodate various trading styles and preferences.
Account Minimum
The minimum deposit requirement for Vantage accounts is just $50 AUD. This low barrier to entry makes it accessible for new clients or those looking to test the trading environment with minimal financial commitment.
Trading Fees
Vantage charges trading fees via spreads and commissions, where traders can expect to pay ultra-competitive spreads and commissions starting from just $1 per FX lot per side.
CFD Fees
CFD trading fees are included in the spread, and there are $0 commission trades on selected products such as gold and share CFDs in specific account types.
Forex Fees
Forex trading fees are similarly built into the spreads and commissions, providing clarity and predictability in trading costs, with competitive spreads and low commissions offered across major and minor currency pairs.
Futures Fees
Vantage does not offer futures trading; hence, there are no fees associated with this type of instrument.
Account Fee
There are no account maintenance fees charged by Vantage, making it a cost-effective option for maintaining an active trading account.
Inactivity Fee
Vantage does not charge an inactivity fee, which is beneficial for traders who may not be consistently active in the markets.
Deposit Fee
Deposits do not incur fees from Vantage, although external bank fees may apply depending on the method used.
Withdrawal Fee
No withdrawal fees are charged by Vantage; however, external service providers might impose charges.
Overnight Funding Fee
Overnight funding fees apply to positions that are held open over a trading day’s close. These are standard across the industry and depend on the instrument and market conditions.
Currency Conversion Fee
Currency conversion fees are subject to external parties, which might vary depending on the currency pair and market conditions.
Trading Platforms
Advanced Trading at Your Fingertips
Vantage offers a dynamic range of trading platforms tailored to meet the needs of modern traders. Whether you’re trading from home or on the go, Vantage provides robust tools for executing trades efficiently.
Mobile Trading Apps
Vantage supports mobile trading with apps available for both Android and iOS. These apps are designed for traders who need flexibility and access to their portfolios from anywhere, ensuring they never miss a market movement.
Web Trading Apps
The web trading platform offered by Vantage is accessible directly through a browser without the need for any downloads, providing convenience and fast access. This platform is suitable for those who prefer trading on a desktop but require the flexibility of web access.
Desktop Trading Apps
For those who prefer a traditional trading setup, Vantage provides powerful desktop trading applications including MT4, MT5, and a proprietary platform. These platforms offer a range of analytical tools, automated trading options, and advanced charting capabilities for detailed market analysis.
|
Trading Platform |
Available |
|
MT4 |
Yes |
|
MT5 |
Yes |
|
CTRADER |
No |
|
PROPRIETARY |
Yes |
|
Desktop and Web Platform |
Available |
|
DESKTOP WINDOWS |
Yes |
|
DESKTOP MAC |
Yes |
|
WEB PLATFORM |
Yes |
|
Mobile Platform |
Available |
|
ANDROID |
Yes |
|
iOS |
Yes |
Unique Features
Standout Trading Features
Vantage differentiates itself with a suite of unique features that enhance the trading experience. Key among these is its proprietary trading platform, which complements popular platforms like MT4 and MT5, providing traders with customised tools and a user-friendly interface tailored to their trading needs. Additionally, Vantage offers a $1 commission per lot per side on the RAW account, appealing particularly to high-volume traders looking for cost-efficiency.
Moreover, the broker’s commitment to education and support is evident through its provision of free webinars and comprehensive educational tools. These resources are invaluable for traders at all levels, aiding them in refining their strategies and enhancing their market knowledge. Vantage’s ability to open accounts in under five minutes also stands out, enabling rapid access to global markets.
Premium Client Services
Vantage offers exclusively dedicated premium service to clients, providing them with a team of relationship managers committed to offering the very best trading experience.
Vantage’s premium clients enjoy a direct point of contact through a dedicated relationship manager, helping them navigate the company’s trade technology while allowing them to skip the queue and enjoy priority support in addition to one-on-one assistance and market insights as well as analyses.
Research and Education
Elevate Your Trading Skills
Vantage places a strong emphasis on supporting traders’ educational and research needs. The broker offers a variety of free webinars that cover a wide range of topics, designed to enhance the trading skills of both new and experienced traders. These webinars are complemented by an array of educational tools that provide valuable insights and strategies, helping traders make informed decisions.
This focus on education is a testament to Vantage’s commitment to empowering its clients and providing them with the resources needed to succeed in the fast-paced world of trading. By offering these educational opportunities, Vantage ensures that its clients are well-equipped to navigate the complexities of the markets.
Customer Support
Award-Winning Support, Always Ready
Vantage excels in customer support, offering assistance through multiple channels including chat, email, and a dedicated support website. This multi-channel approach ensures that traders can receive help whenever needed, with support available 24/5 as well as multilingual customer service. The accessibility of customer service, especially through real-time chat, allows for quick resolution of queries and issues, enhancing the overall trading experience.
Recognised for its exceptional support, Vantage prides itself on the ease and efficiency with which clients can communicate with their team. Whether a trader is facing a technical challenge or needs detailed account assistance, Vantage’s award-winning customer support stands ready to provide knowledgeable and prompt service, ensuring minimal disruption to trading activities. This robust support system underscores Vantage’s commitment to its clients’ success and satisfaction in the trading arena.
Account Opening
Quick and Streamlined Setup
Opening an account with Vantage is designed to be fast and user-friendly.
Registration: The process begins with a simple online registration where potential clients fill out their basic information, ensuring a smooth and straightforward start.
Verification: Following registration, clients undergo KYC verification to ensure security and compliance. This step involves confirming the identity of the client, which is crucial for protecting both the individual and the brokerage.
Document Upload: Vantage prioritises seamless online verification (e-verification) as the primary method for confirming client identity. For added flexibility, clients also have the option to securely upload the required documents, such as proof of identity and proof of residence, through Vantage’s secure platform, ensuring an efficient and user-friendly verification process.
Vantage enables clients to open a live trading account in under five minutes, reflecting its commitment to providing an efficient and hassle-free entry into the trading world.
Deposit and Withdrawals
Smooth Financial Transactions
Vantage ensures a straightforward process for both deposits and withdrawals.
Deposits: Depositing funds into a Vantage account is efficient, with the broker not charging any fees for deposits. However, external bank fees may apply depending on the payment method used. The process is designed to be quick, allowing traders to fund their accounts and start trading without delays.
Withdrawals: Similarly, Vantage allows for fee-free withdrawals, although fees from external service providers may still apply. The withdrawal process is structured to ensure that traders can access their funds with minimal hassle.
Vantage’s commitment to easy and cost-effective banking solutions supports its traders in managing their trading funding effectively, allowing them to focus more on their trading strategies and less on transaction complexities.
Final Thoughts
Vantage stands out as a highly accessible and competitive broker in the crowded CFD trading landscape. With a low minimum deposit requirement, zero commission on selected products, and a user-friendly account setup process, it caters to both beginner and experienced traders. Its commitment to education and customer support, evidenced by free webinars and award-winning service, enhances the trading experience, offering significant value to its clients.
While the focus exclusively on CFDs may be limiting for some, the extensive range of instruments and advanced trading platforms like MT4, MT5, and proprietary options accommodate diverse trading strategies. Vantage’s robust regulatory framework and security measures further cement its reputation as a trustworthy and reliable broker. Overall, Vantage is a compelling choice for traders looking to navigate the complexities of CFD trading with a supportive and efficient broker.
Contact Info
12/15 Castlereagh Street, Sydney, NSW, Australia, 2000
FAQs
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Question: What is the minimum deposit required at Vantage?
Answer: The minimum deposit at Vantage is $50 AUD, making it accessible for beginners and those testing the trading environment with minimal financial commitment. -
Question: Does Vantage charge any fees for trading?
Answer: Yes, Vantage charges low and ultra-competitive fees, which are designed for high-volume traders seeking lower spreads and deep liquidity. -
Question: Are there educational resources available for traders at Vantage?
Answer: Yes, Vantage offers free webinars and educational tools to help traders of all levels enhance their trading knowledge and strategies. -
Question: How does Vantage ensure the security of client funds?
Answer: Vantage enhances client fund security by segregating client money in trust accounts, which are reconciled daily and protected from company liabilities, under the supervision of ASIC.
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